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(OE) Portuguese oil company Galp has successfully completed the first phase of the Mopane exploration campaign in the PEL 83 block offshore Namibia, and started a process of evaluating commerciality of oil discoveries made in the past months. Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), said it successfully completed the... Continue Reading →
Petrobras estimates investments of around US$ 73 billion in exploration and production activities and will allocate part of this investment to demands addressed to the naval and offshore industry, with actual construction opportunities in Brazil. The projects related to these demands include oil platforms, maritime support vessels, cabotage vessels, and the sustainable disposal of units.... Continue Reading →
(Reuters) - State-run energy firm Petrobras has hit growing resistance from Indigenous groups and government agencies to its premier exploration project, which would open the most promising part of Brazil's northern coast to oil drilling. Environmental agency Ibama denied Petrobras a license for exploratory drilling offshore in the Foz do Amazonas area last year, citing... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that yesterday it signed a memorandum of understanding with the China National Chemical Energy Company (CNCEC) covering several areas, especially renewable energies and energy transition. The partnership also provides for the evaluation of potential commercial agreements in the areas of oil exploration; fertilizer production from natural gas and other... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, informs that it has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, of Concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is located on the coast between Ceará and Rio Grande do Norte, about 190 km from Fortaleza and 250 km from Natal, at... Continue Reading →
Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned energy giant Petronas, has exercised the option for Noble Corporation’s Noble Voyager drillship to drill one additional well offshore Suriname. The 7th generation drillship Noble Voyager will remain a little longer for drilling operation in Block 52 offshore Suriname at a day rate of $470,000. The contract... Continue Reading →
(Petrobras) The scientific community launched more than 428 drifters (equipment that measures the behavior of sea currents) on the Equatorial Margin, 84 of which are in the Foz do Amazonas basin. All confirm the studies and modeling carried out by Petrobras and approved by IBAMA in the environmental licensing of block FZA-M59. Studies have shown... Continue Reading →
( Offshore-energy.biz) UK-based offshore drilling contractor Stena Drilling is set to deliver an equipment upgrade for its newest drillship that is expected to make it capable of drilling in previously inaccessible reservoirs. The seventh-generation drillship Stena Evolution is about to undergo an equipment upgrade which will make it capable of drilling and completing wells requiring... Continue Reading →
(Reuters) - A promising area off Colombia's coast where Brazil state-run Petrobras (PETR4.SA), opens new tab is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday. As oil production in Brazil's prolific presalt region is set to plateau... Continue Reading →
(PN) The director of Exploration and Production at Petrobras, Joelson Mendes, said that the resilience and competitiveness of the company's portfolio of E&P areas, depending on the production profile, is more efficient due to the technological solutions developed to reduce emissions . Joelson participated in the “Global Competitiveness of Latin American Upstream” panel at CERAWeek,... Continue Reading →
Brazil Energy Insight 